PROPERTIES FOR SALE

315 N L Street Tacoma, WA 98403

NWMLS Courtesy of COMPASS
315 N L Street
Tacoma, WA 98403
$1,425,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Fully occupied, freshly upgraded, and sitting on a path of undeniable growth. The unit mix is exactly what tenants want: two spacious 3-bed/1-bath units and two 1-bed/1-bath units, each with covered porches, hardwood and fir floors, original built-ins, and gas forced air heat. Two units feature updated kitchens with stainless appliances and newer cabinetry.The heavy lifting is already done. A new water supply line, all-new supply plumbing, new sewer line, two new 80-gallon water heaters, and new furnaces mean a new owner steps into a mechanically sound asset with minimal deferred maintenance and maximum peace of mind.A five-bay garage off the alley represents untapped monthly income sitting largely uncaptured in the current rent roll, a straightforward path to pushing NOI higher without touching a single unit. Fully fenced backyard, unfinished basement with shared laundry, open storage, and four individual storage units round it out.Easy access to Tacoma's new light rail, Wright Park, and the medical center puts this property directly in the path of the city's most significant growth corridor. Proven tenancy. Turnkey systems.

Property Features

Community: Stadium District
4-Plex
Cable TV
Fenced-Partially
Gas Available
High Speed Internet
Exterior: Wood
Roof: Composition
Roof: Metal
Year Built: 1910
2025 Taxes: $9178.00
Buyer Broker Comp.: 2.5%
Listing #: 2546564

Lot Details

Lot Size: 0.15 acres
Curbs
Paved
Sidewalk
No. of Units: 4

Interior

Cooling: None
Heating: Forced Air
Electric
Natural Gas

Common Features

Basement
Storage

Schools

District: Tacoma
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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